Capital loss
This query is : Resolved
09 February 2015
Respected all,
We have purchged a site for 580.00 Laks in the month of November 2014 and we incurred 45.00 laks as Stamp duty. Now we are going to sell the same. Here our doubt is on what value we regester to purcheger without incuring short term capital gain or short term capital loss. Please clarify.
Regards,
BALU
We have purchged a site for 580.00 Laks in the month of November 2014 and we incurred 45.00 laks as Stamp duty. Now we are going to sell the same. Here our doubt is on what value we regester to purcheger without incuring short term capital gain or short term capital loss. Please clarify.
Regards,
BALU
09 February 2015
stamp duty shall also be capitalised in ur books of accounts
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